Gold price pattern is quite interesting and it seems to me that the down trend could possibly be switched for some bullish action ahead. We have still lower highs but the also a higher low the latest month so let’s see which way this one breaks over the coming weeks. Money printing will most likely not stop sometime in the near future and I count with new highs on precious metals.

USD pattern is also interesting and volatile as usual. Rebounds have been quite strong lately so heads up shorters.. Support on USD is 78 – 79.

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